Bond Fraud by UG, BPU, School Districts and KCKCC
This is Grand Jury Material Hays, Walker, Worner, Mayor & City Council (Past & Present) direct DA Gorman to Protect?


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Wyandotte County Unified Government

Revolving Debt and loaning money to your political supporters can get expensive. Especially when the projects that they borrow for our going under faster than the Titanic. Lets look at the facts.

Wyandotte County presently loans money to friendly developers who in return give money back to the politicians that vote for their deals. Commissioner Bill Miller leads the way to get money for his friends so they can contribute to his campaign funds. Miller was quick to usher through many projects that were helpful to his good friend Rick Worner in return for a little campaign help. Miller got the campaign help and Worner got all your tax dollars.

While loaning our money by issuing bonds, The UG acts like the bank and you/Public pay the bills when the project goes under. Drive out to Schlitterbahn and look at $200 million of tax-subsidized bonds. We public pay our taxes, that in return pays for Schlitterbahn Bond payments and Rick Worner and the private investment bankers have fun with our tax dollars while your family starves to death.

Your kids have no health insurance or shoes, don't worry about that just pay your taxes and get a third job. Your children and grand children will pay for the mistakes of the corrupt political puppets that run the UG. Remember the last time taxes actually went down. The answer is never.

The 2010 Grand Jury Petition will ask this very question, " Where does all the money go?" The Grand Jury Investigation will prove our tax money $ pays for the bond payments on the political donors projects and the Good Old Boys Giveaways. Ross Perot once said follow the money. In Wyandotte County he should have said follow your nose to the stinkiest county government possible. There you will find the UG and a bunch of fat politicians laughing all the way to the bank with your $ Money.

Rotten Politics want to show you some links on the EMMA (Electronic Municipal Market Access) Web Site! Please notice the many of many SEC (Security Exchange Commission) listing of Small Bonds it has listed from the Unified Government of Kansas City, Kansas the BPU, School Districts and the KCKCommunity College. The Small Bonds do not include Star Bonds issued by The State of Kansas from Wyandotte County that we pay for on top of these Small Bonds as listed.

The Emma - Wyandotte County Site Click Link and under MUNI Search type Wyandotte County look at Bonds Written, Piper School, District 500, BPU and KCKCC.

Sandstone Upgrades Parking Lot? $5 Million The loan Taxpayers are paying back equals $10 Million. This loan started in 1991 and is still active?

Piper School Dist Equipment Lease Bond? This is a Bond to lease equipment from Custom Energy Services.LLC 2009 for 20 years at $6 Million from Taxpayers.

Three General Obligation Loans for $41 Million that Taxpayers pay back $82 Million They just want the $$ Money Loans that we pay back double for tell 2018 ?

A Bond to payoff an Old Bond? This is like getting a new credit card to pay off another credit card. Now we Taxpayers borrowed $5 Million and will pay $10 Million?

The UG Bonded $ 40.3 Million and gave no reason for the Bond? Payoff of this No Archive Explanation Bond will cost Taxpayers $80 Million payoff?

Bonds for the Criminal Justice (WYCO Jail) Complex We all know the Jail bid for $ 18 Million and went to an over cost $ 60 million. All over runs went to the Good Old Boys. This is the project TJ Reardon protested and was sent to jail to shut him up! As you can see these bonds still have no explanation of use to hide the guilty?

This Bond for $ 4 Million is to Lease 400 acres for Nascar from the City and that Taxpayers will payoff for $ 8 Million? We (City/Public) owned the 400 acres of land East of Nascar but leased it again for NASCAR? Does this make since to anyone? SCAM

A $ 4 Million bond used to RENT the same 400 acres East of NASCAR We owned the 400 acres East of Nascar then we bonded $ 4 Million to lease the Property paying $8 Million on Bond then we took a Public Bond for another $ 4 Million to Rent the 400 acres from Nascar paying another $ 8 Million. Complete Scam

Another $ 20 million with NO explanation for some Eagle deal that expires in 2021 for $ 40 million paid by Taxpayers This is great the City just borrows and gives no reason or explanation for the bond. The Public pays and don't know why. This is Criminal?

BPU $ 25.3 Million Bonds funded by Taxpayers These bonds expire in 2028 at a cost of $ 52 Million to Taxpayers. These bonds are to pay Western Fuels for Fuel/Coal Transportations Costs of $ % Million and to buy a Coal Train from Western Fuels. Western Fuels is a Coal Mining Company that BPU Executives sitting on its board?
Western Fuels Board members and Full Story! Here is how the story goes -- Western Fuel directs the Corporate Board, including Don Gray to get coal sales, Don Gray (BPU GM) tells the BPU Board to buy coal from Western Fuels and also to buy the whole train for "ONLY" $ 26 Million. Gray is paid by BPU and Western Fuels?

BPU Bonds to Power Village West and more Piper Area $116, Million This is a 20 year Bonds to build a substation and give Marinovich monet for Nascar and Village West..

Woodland Hills Multi Family Housing with No Statement or reason for the Bond? I think this is a Bill Miller, Rick Worner Special Pocket Fund..

WYCO Temporary General Obligation Bonds/Loans for $81, Million The City needs money and gets a loan to payoff another loan and the Public Pays another $165 Million. This crap must stop but the City Council keeps voting yes to float these bonds.

 

These exerts from the Emma Web Site are just a few and as you look at all the Bonds written you can see why this City is Broke. This City has run out of lending sources and corrupt people to find further lending access. This City and We the People are $ 2.8 Billion in Dept and interest on that note compounds daily.

Rotten Politics .Com
1-7-2010
Happy Investigating!